NOT LISTED FOR SALE

525 N Arlington St Kalamazoo, MI 49006

Westwood Neighborhood

Estimated Value: $956,109

-- Bed
-- Bath
-- Sq Ft
2.2 Acres

Last Sold May 31, 2012

Last sale price $400,000

Est. 139% increase in value since last sale

Current estimated payment $5,552/month

Highlights

  • 2.2 Acre Lot
  • Hot Water Heating System
  • High Speed Internet
  • Cul-De-Sac

About This Home

As of May 2012

PRICED RIGHT This Kalamazoo Township 25 unit complex has good cash flow and is in very good condition, currently 90% occupied. Rents are $500/mo with seperate utils. Near Kalamazoo College, WMU and KVCC, do the math at current rates or for student rentals; owner pays only trash and water/sewer. Financials available. Nice oak cabinets in all kitchens, newer windows and carpets in well-maintained units. The complex includes 3 car garage in back and extra wooded lot in front across street, one of three lots included in sale. Located on its own cul-de-sac, there is plenty of parking. Commercial loans with 20% down are available. Contingent on approval of short sale; approval expected.

Last Agent to Sell the Property

Harvard Vallance

Betten Real Estate License #6501279784 Listed on: 03/01/2012

Last Buyer's Agent

Tammy Stone

Key Realty License #6501326372

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1978

Lot Details

  • 2.2 Acre Lot
  • Cul-De-Sac

Home Design

  • Brick Exterior Construction
  • Composition Roof
  • Aluminum Siding

Basement

  • Walk-Out Basement

Utilities

  • Hot Water Heating System
  • Natural Gas Connected
  • High Speed Internet
  • Cable TV Available

Community Details

  • Property has a Home Owners Association
  • Association fees include sewer, trash, snow removal, water
  • 3 Units

Listing and Financial Details

  • Tenant pays for electricity, gas
  • The owner pays for water

Property Details

Home Type

Apartment

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Property Sub-Type: 5+ Units
  • Property Type: Multi-Family
  • Year Built: 1978
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Walk Out

Exterior Features

  • Construction Materials: Aluminum Siding, Brick
  • List Price: 425000.0
  • Lot Features: Cul-De-Sac
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition

Utilities

  • Heating: Hot Water
  • Heating: Yes
  • Utilities: Telephone Line, Natural Gas Connected, Cable Connected, Public Water, Public Sewer, Broadband
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes

Fee Information

  • Association Fee Includes: Sewer, Trash, Snow Removal, Water

Lot Info

  • Lot Size Acres: 2.2
  • Lot Size Area: 2.2
  • Lot Size Sq Ft: 95832.0

Rental Info

  • Owner Pays: Water
  • Tenant Pays: Electricity, Gas

Multi Family

  • Number of Units Total: 3

Tax Info

  • Tax Annual Amount: 17000.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 16, 2021
Sold by
Modern Cemfort Llc
Bought by
Elston Properties 525 Arlington Llc
Current Estimated Value
$956,109

Purchase Details

Listed on
Mar 1, 2012
Closed on
May 31, 2012
Sold by
Somerset On The Hill Inc
Bought by
Modern Comfort Llc
Seller's Agent
Harvard Vallance
Betten Real Estate
Buyer's Agent
Tammy Stone
Key Realty
List Price
$425,000
Sold Price
$400,000
Premium/Discount to List
-$25,000
-5.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.70%
Original Mortgage
$330,000
Interest Rate
3.87%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Elston Properties 525 Arlington Llc -- None Available
Modern Comfort Llc $400,000 Vanguard Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Modern Comfort Llc $330,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2012 05/31/12 Sold $400,000 -5.9% --
03/01/2012 03/01/12 Pending -- -- --
03/01/2012 03/01/12 For Sale $425,000 -- --
Source: Southwestern Michigan Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $3,802 $432,900 $0 $0
2024 $3,802 $439,400 $0 $0
2023 $3,625 $357,700 $0 $0
2022 $23,085 $321,500 $0 $0
2021 $17,946 $295,700 $0 $0
2020 $14,443 $224,100 $0 $0
2019 $13,946 $223,500 $0 $0
2018 $13,622 $217,300 $0 $0
2017 $0 $217,300 $0 $0
2016 -- $205,300 $0 $0
2015 -- $195,900 $0 $0
2014 -- $188,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • H

    Seller's Agent in 2012

    Harvard Vallance

    Betten Real Estate

  • T

    Buyer's Agent in 2012

    Tammy Stone

    Key Realty

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 12011098

Southwestern Michigan Association of REALTORS®

APN: 06-17-297-010

Michigan Kalamazoo County Kalamazoo 49006 Westwood

525 N Arlington St, Kalamazoo, MI

This home is located at 525 N Arlington St, Kalamazoo, MI 49006 since 01 March 2012 and is currently estimated at $956,109. This property was built in 1978. 525 N Arlington St is a home located in Kalamazoo County with nearby schools including Northglade Montessori School, Hillside Middle School, and Kalamazoo Central High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Southwestern Michigan Association of REALTORS® Information is deemed reliable but not guaranteed.
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